Sep 17, 2012, 06.24 PM IST

Kingfisher Airlines has target of Rs 19-20: SP Tulsian

Kingfisher Airlines has target of Rs 19-20 for couple of months from hereon, says SP Tulsian, sptulsian.com.

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Kingfisher Airlines has target of Rs 19-20 for couple of months from hereon, says SP Tulsian, sptulsian.com.


Tulsian told CNBC-TV18, “Kingfisher Airlines, I am expecting that the events of the debt repayment will start very quickly. I see that happening by month end and if that happens the next topic which will be discussed amongst the investors is the induction of the foreign carriers and normalizations of the operations. If somebody can keep a view of about maybe couple of months they can look for a target of Rs 19- 20.”


The company's trailing 12-month (TTM) EPS was at Rs -25.74 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs -66.83 per share. At current value, the price-to-book value of the company was -0.19.


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